Monday, December 12, 2016

New Law Interacts with the ACA

The "21st Century Cures Act" has passed Congress and is presumed to get a signature from President Obama. Among other things, it changes rules for employer healthcare payments and thereby has important interactions with the ACA, especially the degree to which the latter reduces employment and productivity.

But the ACA may not last. So the effects of the 2CCA are largely unknown because they depend on the unknown (if any) replacement of the ACA.

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Supply and Demand (in that order)

The basic tools of supply and demand help immensely to understand and predict everyday events in our world. These days, many of those events are related to the Redistribution Recession of 2008-9. But I also look at other issues related to fiscal policy, labor economics, and industrial organization.